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Answer: PCI-DSS (Payment Card Industry Data Security Standard), a set of security standards designed to ensure that all companies that process, store, or transmit credit card information maintain a secure environment.
Correct Option: C. PCI-DSS (Payment Card Industry Data Security Standard) Explanation: The PCI-DSS is specifically designed to protect cardholder data and requires businesses to implement robust security measures, including encryption, access control, and regular security testing, to safeguard sensitive payment card information during transactions. Why other options are incorrect: - A. GDPR (General Data Protection Regulation): While GDPR is critical for personal data protection in the EU, it does not specifically target payment card data security. - B. SOX (Sarbanes-Oxley Act): SOX focuses on financial reporting accuracy and corporate governance, not on the security of payment card data. - D. HIPAA (Health Insurance Portability and Accountability Act): HIPAA is concerned with protecting health information and patient privacy, not payment card data.
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In the context of deploying a machine learning model that processes payment card transactions, which compliance standard must be strictly adhered to ensure the security and integrity of payment card data throughout the transaction process? Consider the need for encryption, access control, and regular security testing. Choose the best option from the following:
A
GDPR (General Data Protection Regulation), which focuses on the protection of personal data and privacy within the European Union, but does not specifically address payment card data security.
B
SOX (Sarbanes-Oxley Act), a US federal law aimed at improving the accuracy and reliability of corporate disclosures, with no specific provisions for payment card data security.
C
PCI-DSS (Payment Card Industry Data Security Standard), a set of security standards designed to ensure that all companies that process, store, or transmit credit card information maintain a secure environment.
D
HIPAA (Health Insurance Portability and Accountability Act), which safeguards medical information and patient privacy, but does not cover payment card data security.